HQS Quantum Simulations intends to leverage the fresh capital injection and strengthened team to advance quantum computing for real-world applications in materials research and pharmaceuticals.
Organizations Involved
TRUMPF Group, Robert Bosch GmbH, Trumpf Venture II GmbH
Company Description
HQS Quantum Simulations is developing quantum algorithms to predict molecular properties for specialty chemicals & pharmaceutical companies.
Market
Materials Research and Pharmaceutical Industry
Location
Karlsruhe,
Karlsruhe,
Germany
Coinvestors
TRUMPF Group's corporate venture capital unit, Trumpf Venture II GmbH